Fabricated Structural Metal Manufacturing in Michigan
Revenue benchmarks for fabricated structural metal manufacturing businesses operating in Michigan.
#47 of 50 states-63.6% vs national avg
Average Revenue
$3.5M
per year
Businesses
135
in Michigan
Revenue / Employee
$290K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.3
firms per 100K in MI
Total Revenue
$474.9M
all firms in MI
Total Employees
1,638
in MI
How Michigan Compares
National Average$9.7M
Michigan$3.5M
Difference$6.1M (-63.6%)